#usq3gdpandseptemberpceduenextweek
🚹 PCE + GDP drop together: what is the market missing?

Thursday, Oct 29, 8:30 AM ET: the BEA releases Q3 GDP and September PCE, right after the Oct 28 FOMC decision.

📊 Key numbers:
‱ Q3 GDP: forecasts ~2.7–3.5% (sources vary)
‱ Core PCE (Sep): ~0.3% m/m, ~3.1% y/y
‱ The Fed already hiked to 3.75–4.00% in September

⚠ Many posts still talk about "rate-cut hopes," but the backdrop is now a tightening cycle. September PPI jumped 1.3% m/m, hotter than expected. The real question: how many more hikes are coming?

🧭 3 scenarios:
1ïžâƒŁ Core PCE ≀0.3% + solid GDP → pressure on risk assets eases
2ïžâƒŁ Core PCE ≄0.4% → USD and yields rise, crypto under pressure
3ïžâƒŁ Weak GDP + sticky inflation → sharp volatility

My take: I'm watching core PCE and Treasury yields first, price second. No FOMO on the first candle.

Which scenario are you leaning toward? 👇

$BTC
$ETH
$BNB

#PCE #Fed #Bitcoin

Not financial advice.